3min chapter

The Defiant - DeFi Podcast cover image

Zeneca: "The Market is Fed Up With the Same Sorts of NFT Projects and There's a Flight to Gaming NFTs"

The Defiant - DeFi Podcast

CHAPTER

Is There a Like Inverse Correlation Between Eth and NFT?

Eath prices took a massive run up had people a little bit scared to invest more eath into the entety space. And gas prices have also been really high, which makes it difficult for people to buy and sell. I think as the market matures a the level of correlation will become less evident. But certainly the over supply is a big factor.

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